n a simplified way, budgeting is the act of tracking your finances so you don’t spend too much or too little. Unlike what you might believe, budgeting isn’t all about restricting what you spend money on and cutting out all the fun in your life.
When selecting a money market fund (MMF) one needs to ask questions that address the following: The rate of interest MMF earns interest daily and it is compounded and annualised. The rate of interest is known as daily yield and Read more…
A decision to Invest has to be fueled by hunger, determination, a well-worked out plan and a goal which is primarily to reap returns. Here’s how to get started on your investment journey.
Britam joined the top 5 funds based on average yield postings for the month of December, edging out Madison Money Market Fund.
If you are anything like the rest of us, you’re probably wondering why you should bother saving for your retirement when there are so many other good things to spend the money on now.
Cytonn topped the top 5 funds, closing the month with an average daily yield of 10.21 and an average effective annual yield of 10.75, shedding off .12% on its daily yield and annual yield down from a daily yield of 10.33% and an effective annual yield of 10.87% the previous month.
Saving and investing involves a variety of risks, like default risk, inflation risk, market volatility risk and interest-rate risk.
Almost all investment products are exposed to various risk, only the degree differs. Before you blindly hawk into financial products, it is important to understand your risk appetite and tolerance level.
“A minute to learn… a lifetime to master.” Othello – The classic board game Ready to invest? Set! And … wait! One more thing – It is important to understand what your investment choices are and how different types of investments put Read more…
Ever wondered how different fund management companies manage to offer attractive returns? In this article, we delve into the world of fund management and give you insights on how fund managers invest your monies to give you an above-average rate Read more…